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Austin homeowners already underwater 100K on hom since Covid purchase

https://x.com/financeguypup/status/1928989799223890015?s=61&...
passionate bbw
  06/01/25
100% finance is crazy otherwise they would have a 3% 30 year...
deep soul-stirring space
  06/01/25
No sympathy on my end
passionate bbw
  06/01/25
I have a mil at least in equity. Not that I care because it...
deep soul-stirring space
  06/01/25
I have like $20k in equity because I bought my house and it ...
stimulating address
  06/01/25
Lmfao
White Wrinkle Coffee Pot
  06/01/25
Same. I don’t even factor it into my NW. I paid it...
passionate bbw
  06/01/25
are you divorced with kids? i always thought you were single...
Slimy overrated abode faggot firefighter
  06/02/25
good goy
confused cruise ship
  06/01/25
Same thing has happened to me but I haven’t moved and ...
stimulating address
  06/01/25
sometimes i pretend u r real
confused cruise ship
  06/01/25
...
Autistic contagious theater sweet tailpipe
  06/01/25
we have seen photos, so he is indeed very real
zippy bronze giraffe
  06/01/25
I'm afraid he's very real.
Nubile salmon gas station
  06/01/25
this is the fatal flaw with sunbelt real estate. if you're g...
brindle nighttime cuckold
  06/01/25
There aren’t really any “booms” except in ...
Cocky Light Sandwich Police Squad
  06/01/25
He constantly does this. I recommend that others think hard ...
odious pearly bawdyhouse
  06/01/25
uh Florida? what's with the intellectual dishonesty?
brindle nighttime cuckold
  06/02/25
Florida seems cheap except like where the millionaire spic c...
Cocky Light Sandwich Police Squad
  06/02/25
the austin boom lasted around 12 years. pretty hard to wait ...
Chrome Demanding Hissy Fit Lettuce
  06/02/25
take a look at Toronto if you want a real laugh
abnormal heady legal warrant puppy
  06/01/25
explain. with some links, if possible.
zippy bronze giraffe
  06/01/25
- Canada has an insane real estate bubble that appeared duri...
abnormal heady legal warrant puppy
  06/01/25
180 what about Vancouver
Aggressive exciting locus
  06/01/25
may have a bit more resilience than Toronto which is just en...
abnormal heady legal warrant puppy
  06/01/25
Are ACCBs still allowed in Vancouver? The number of normal S...
Aggressive exciting locus
  06/01/25
oh wow! 5 year mortgages? that's nuts!
zippy bronze giraffe
  06/01/25
mortgages there aren't securitized and banks hold them on th...
abnormal heady legal warrant puppy
  06/01/25
ah ok. > mortgages there aren't securitized isn't ...
zippy bronze giraffe
  06/01/25
Depends which way rates move I suppose
self-absorbed cowardly cuck dopamine
  06/02/25
This is most American cities too now
indecent national volcanic crater
  06/02/25
Who buys a 1.48 million house and then rents it out for 2700...
Aromatic heaven new version
  06/02/25
generally, people who thought line goes up and it would be a...
abnormal heady legal warrant puppy
  06/02/25
Didn’t they ban foreign buying in Canada a while back?
olive piazza
  06/01/25
JFC, my house is supposedly worth almost twice what I bought...
histrionic striped hyena parlor
  06/02/25
lol just checked zillow and my house is up 300k these num...
confused cruise ship
  06/02/25
Wow so they would’ve been better off renting?
mewling hairraiser university
  06/02/25


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Reply Favorite

Date: June 1st, 2025 6:13 PM
Author: passionate bbw

https://x.com/financeguypup/status/1928989799223890015?s=61&t=qNoPioDfrnAVO21rdpy9-w

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48979304)



Reply Favorite

Date: June 1st, 2025 6:20 PM
Author: deep soul-stirring space

100% finance is crazy otherwise they would have a 3% 30 year mortgage so who cares.

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48979326)



Reply Favorite

Date: June 1st, 2025 6:21 PM
Author: passionate bbw

No sympathy on my end

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48979328)



Reply Favorite

Date: June 1st, 2025 6:25 PM
Author: deep soul-stirring space

I have a mil at least in equity. Not that I care because it only matters when you sell and I never will.

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48979333)



Reply Favorite

Date: June 1st, 2025 6:29 PM
Author: stimulating address

I have like $20k in equity because I bought my house and it promptly fell 20% in value. Almost like straight down.

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48979344)



Reply Favorite

Date: June 1st, 2025 7:29 PM
Author: White Wrinkle Coffee Pot

Lmfao

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48979460)



Reply Favorite

Date: June 1st, 2025 6:30 PM
Author: passionate bbw

Same. I don’t even factor it into my NW.

I paid it off in 15 years and haven’t had a mortgage in a decade.

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48979345)



Reply Favorite

Date: June 2nd, 2025 10:43 AM
Author: Slimy overrated abode faggot firefighter

are you divorced with kids? i always thought you were single but holding RE forever as a single man doesn't make any sense, maybe big city condo you can rent out or whatever

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48980493)



Reply Favorite

Date: June 1st, 2025 6:24 PM
Author: confused cruise ship

good goy

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48979331)



Reply Favorite

Date: June 1st, 2025 6:26 PM
Author: stimulating address

Same thing has happened to me but I haven’t moved and I don’t need to sell right now. I also put 20% down so I’m not exactly in the red, but a house on my street with a pool, whole house generator, more square footage and full renovation just sold for what we paid for ours 2 years ago. So down about $100k, just like these folks.

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48979335)



Reply Favorite

Date: June 1st, 2025 6:26 PM
Author: confused cruise ship

sometimes i pretend u r real

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48979337)



Reply Favorite

Date: June 1st, 2025 6:28 PM
Author: Autistic contagious theater sweet tailpipe



(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48979343)



Reply Favorite

Date: June 1st, 2025 6:32 PM
Author: zippy bronze giraffe

we have seen photos, so he is indeed very real

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48979348)



Reply Favorite

Date: June 1st, 2025 6:38 PM
Author: Nubile salmon gas station

I'm afraid he's very real.

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48979360)



Reply Favorite

Date: June 1st, 2025 6:28 PM
Author: brindle nighttime cuckold

this is the fatal flaw with sunbelt real estate. if you're going to sell you have to time the boom or else you bust. buying during the boom is retarded.

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48979340)



Reply Favorite

Date: June 1st, 2025 8:38 PM
Author: Cocky Light Sandwich Police Squad

There aren’t really any “booms” except in Austin and maybe Nashville. You’re begging the question.

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48979584)



Reply Favorite

Date: June 1st, 2025 9:52 PM
Author: odious pearly bawdyhouse

He constantly does this. I recommend that others think hard before engaging.

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48979739)



Reply Favorite

Date: June 2nd, 2025 10:22 AM
Author: brindle nighttime cuckold

uh Florida? what's with the intellectual dishonesty?

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48980458)



Reply Favorite

Date: June 2nd, 2025 10:43 AM
Author: Cocky Light Sandwich Police Squad

Florida seems cheap except like where the millionaire spic criminals live

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48980494)



Reply Favorite

Date: June 2nd, 2025 10:40 AM
Author: Chrome Demanding Hissy Fit Lettuce

the austin boom lasted around 12 years. pretty hard to wait that out.

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48980491)



Reply Favorite

Date: June 1st, 2025 6:36 PM
Author: abnormal heady legal warrant puppy

take a look at Toronto if you want a real laugh



(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48979355)



Reply Favorite

Date: June 1st, 2025 6:49 PM
Author: zippy bronze giraffe

explain. with some links, if possible.

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48979391)



Reply Favorite

Date: June 1st, 2025 7:01 PM
Author: abnormal heady legal warrant puppy

- Canada has an insane real estate bubble that appeared during COVID

- It is propped up by Chinese speculators, and by low wage Turd immigrants living 19 to a house

- Mortgages in Canada generally have a 5 year term, and they are all coming up for renewal right about now at interest rates much higher than when the houses were originally purchased leading to some serious problems

https://x.com/ShaziGoalie/status/1925259171198345276

https://x.com/ShaziGoalie/status/1927137759270989834

https://x.com/ShaziGoalie/status/1928824393901154762

https://x.com/ShaziGoalie/status/1925904653473960204



(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48979406)



Reply Favorite

Date: June 1st, 2025 7:08 PM
Author: Aggressive exciting locus

180 what about Vancouver

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48979419)



Reply Favorite

Date: June 1st, 2025 7:16 PM
Author: abnormal heady legal warrant puppy

may have a bit more resilience than Toronto which is just endless miles of shitty homes and condos thrown up in cornfields



(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48979432)



Reply Favorite

Date: June 1st, 2025 8:04 PM
Author: Aggressive exciting locus

Are ACCBs still allowed in Vancouver? The number of normal SFHs and condos all selling for $8 million++ was retarded

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48979518)



Reply Favorite

Date: June 1st, 2025 9:01 PM
Author: zippy bronze giraffe

oh wow!

5 year mortgages? that's nuts!

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48979635)



Reply Favorite

Date: June 1st, 2025 9:08 PM
Author: abnormal heady legal warrant puppy

mortgages there aren't securitized and banks hold them on their books. so they aren't giving you a 30-year 2% mortgage.

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48979650)



Reply Favorite

Date: June 1st, 2025 9:43 PM
Author: zippy bronze giraffe

ah ok.

> mortgages there aren't securitized

isn't that a good thing? i mean considering what happened here in 2008-9?

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48979716)



Reply Favorite

Date: June 2nd, 2025 10:33 AM
Author: self-absorbed cowardly cuck dopamine

Depends which way rates move I suppose

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48980481)



Reply Favorite

Date: June 2nd, 2025 10:25 AM
Author: indecent national volcanic crater

This is most American cities too now

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48980465)



Reply Favorite

Date: June 2nd, 2025 10:59 AM
Author: Aromatic heaven new version

Who buys a 1.48 million house and then rents it out for 2700/month? Doesn't make sense... Did they subdivide a chunk of land from it or is it money laundering

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48980530)



Reply Favorite

Date: June 2nd, 2025 11:13 AM
Author: abnormal heady legal warrant puppy

generally, people who thought line goes up and it would be a $2.3m house in a year.

that dump was purchased for an insane price pre-covid though, so not sure what was up. maybe walking distance to a synagogue or something.



(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48980556)



Reply Favorite

Date: June 1st, 2025 9:43 PM
Author: olive piazza

Didn’t they ban foreign buying in Canada a while back?

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48979718)



Reply Favorite

Date: June 2nd, 2025 10:44 AM
Author: histrionic striped hyena parlor

JFC, my house is supposedly worth almost twice what I bought it for in 2020.

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48980495)



Reply Favorite

Date: June 2nd, 2025 11:14 AM
Author: confused cruise ship

lol just checked zillow and my house is up 300k

these numbers are so fake man lmfao

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48980560)



Reply Favorite

Date: June 2nd, 2025 10:56 AM
Author: mewling hairraiser university

Wow so they would’ve been better off renting?

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2E#48980519)